Saturday, 18 May 2019

Current affair s on 18.05.2019

Today's Headlines from www:

*Economic Times*

πŸ“ Forex reserve up by $1.36 billion at $420.05 billion

πŸ“ Saudi Aramco to supply extra 2 mln barrels/month to Indian Oil from July

πŸ“ Telecom woes: BSNL expects normalcy in liquidity position by September quarter

πŸ“ Piramal Realty FY'19 sales booking jumps nearly 4-fold to Rs 3,400 cr

πŸ“ Uzbekistan eyes $1.7 billion FDI including from India

πŸ“ Tata International exits trailer manufacturing biz by selling its arm to Canyon Point for Rs 305 cr

πŸ“ Ujjivan to become a mass market bank under Nitin Chugh, says current CEO Samit Ghosh

πŸ“ NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech

*Business Standard*

πŸ“ Aircel lenders agree to take 99% haircut on dues worth Rs 20,000 crore

πŸ“ Jet Airways board dysfunctional as Etihad's nominee director quits

πŸ“ Bharti Airtel's Rs 24,939-crore rights issue fully subscribed

πŸ“ IHCL, GIC strike Rs 4,000-crore deal to acquire premium hotels in India

πŸ“ Indian Oil Corp Q4 net profit rises 17% on inventory, exchange gains

πŸ“ India's apparel exports to UAE decline 33% on higher import duty

πŸ“ NBFCs see no sign of liquidity crisis easing, await RBI's rescue act

πŸ“ Iron ore powers above $100 as supply crisis roils global market

πŸ“ Amazon leads $575-million investment in food delivery startup Deliveroo

πŸ“ China signals lack of interest in resuming trade talks with US

*Financial Express*

πŸ“ Crunch in CIL supplies: CERC order unlocks Rs 17,000 crore for power firms

πŸ“ Spencer’s buys Nature’s basket in Rs 300-crore deal

πŸ“ Dr Reddy’s net profit up 44 per cent in Q4

πŸ“ Refurbished mobile imports certified by BIS get govt nod

πŸ“ Nestle likely to focus on low-cost products to gain rural share

πŸ“ Sundaram-Clayton opens first overseas plant in US

πŸ“ Truck rentals take huge hit on drop in freight

πŸ“ US tariffs on China big opportunity for Indian textile industry: CITI

πŸ“ City Union Bank net rises 15% to Rs 175 crore in Q4

*Mint*

πŸ“ Indian Navy successfully test-fires MRSAM missile

πŸ“ Elon Musk to personally examine, review all Tesla expenses

πŸ“ Corporation Bank Q4 net loss widens to β‚Ή6,581 crore as provisioning doubles

πŸ“ Brexit talks collapse as UK Opposition blames 'weak' Theresa May

πŸ“ Nestle India chief flags concern for industry over lower-than-expected monsoons

πŸ“ Sensex soars 537 points; Nifty reclaims 11,400-mark

πŸ“ Bajaj Auto Q4 net at β‚Ή1,306 crore, shares jump 5%.

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